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Proposed Constitutional Amendment: Federal Balanced Budget Requirement

This proposal aims to add a rule to the Constitution requiring the federal government to balance its spending with its income. This means the government would need to manage its finances more carefully in the future, potentially affecting funding for public programs but also possibly reducing national debt.
Key points
The federal government must balance its spending with its income, with a ten-year period to achieve this balance after ratification.
In emergencies, Congress can temporarily allow higher spending, but any resulting debts must be repaid as soon as possible.
The amendment needs approval from three-fourths of the states within seven years to become part of the Constitution.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_110
Sponsor: Rep. Moran, Nathaniel [R-TX-1]
Process start date: 2025-07-23